RECORD OF PROCEEDINGS
BOARD OF DIRECTORS’ REGULAR MEETING
THE KNOLLS VILLAGE TOWNHOUSE ASSOCIATION

A regular meeting of the Knolls Village Townhouse Association was held on Tuesday, September 6, 2005 at the association clubhouse at 6:30 PM. Present were directors Loren Rohl, Barbara Arnold, Ken Holloman, Kathleen Sutton, Martin Jepkes and Bob Evans; Committee Chairs Harold Arnold, Fred Langford, Marilyn Heinle, Don Boyson and Ilena Lea; and Manager Warren Deutsch. Joan Rowe was present to record the proceedings. Also present were Jean Oatman and three homeowners.

Ken Holloman made a motion to accept the financials as presented. The motion was seconded by Barbara Arnold and was passed.

A motion was made by Barbara Arnold and seconded by Kathleen Sutton to approve the minutes of the August 2, 2005 meeting as written. The motion was passed.

Marilyn Heinle, Hospitality Committee, reported that 158 people were served at the Labor Day picnic. A neighborhood coffee will be scheduled in October.

Ilena Lea, Clubhouse Committee, submitted a proposal for updating the clubhouse kitchen. The committee also presented a new clubhouse reservation agreement. The new refrigerator has been installed and the microwave will be installed soon.

A motion was made by Barbara Arnold and seconded by Ken Holloman to table a decision regarding the update of the clubhouse kitchen until the budgeting process for 2006 has been completed. The motion was passed.

Jean Oatman, Pool Manager, reported that the season went well and there were a few requests to keep the pool open after Labor Day. The final pool usage statistics will be finished before the next Board meeting.

Fred Langford, Web-Site Manager, stated that all of the statutes contained in The Colorado Common Interest Ownership Act are on the web-site. Senate Bill 100 changes that became effective in June are also included on the web-site.

Harold Arnold, Newsletter Editor, reported that he took an informal survey among the newsletter delivery people and the ACC walkers to find out the positives and negatives of the area. The results were given to the Board and will be in the next issue of the newsletter.

Barbara Arnold, Treasurer, stated that there is $399,558.00 in the reserve funds, with $100,000.00 invested in the money market fund. The 2006 budget will be presented to the Board at the October 4, 2005 board meeting and to the homeowners at the October 11, 2005 annual meeting.

Warren Deutsch, Maintenance, reported that the City of Centennial plans on completing the improvements to the outflow channel by the end of September. The crack-filling should be completed by the end of September and the project will use about three tons of material at $1,980.00 per ton. A bid was presented to remove a large cottonwood tree by 7345 South Knolls Way that was struck by lightning. A drip system and new plants were added to the landscape at the clubhouse.

Barbara Arnold made a motion to accept the proposal from Arbor Garden Tree Service to remove the cottonwood that was struck by lightning near 7345 South Knolls Way for $2,375.00. The motion was seconded by Martin Jepkes and was passed.

Homeowners’ concerns may be submitted through the web-site or mailed to the association. A homeowner present at the meeting requested that the tennis courts be cleaned on a regular basis. Written requests from homeowners to re-landscape the areas in the front of their units at their expense were approved.

The walk-through of the area was changed to Monday, September 19, 2005 at 6:00PM.

The Board acknowledged Colorado Senate Bill 100 to be part of the association’s governing documents.

Kathleen Sutton, Nominating Committee, stated that there are four candidates for three positions on the board. Directed proxies will be mailed to all owners the week of September 19, 2005.

There being no further business, the meeting was adjourned.